Monday, August 09, 2004

Unbelievable bad timing for the Google IPO

After been profitable since the last 12 quarters (july 2001), Google will be in the red zone for this quarter ending in september after they settled the dispute over Yahoo!/Overture bidding ad technology. And this is after the last week story of the 23 million shares not included in the propectus. Really hard summer for Sergey, Larry and Eric !